Port reduces container charges

Port-related container charges have been reduced by 7.5%.

This change was announced by Barbados Port Inc and was put into effect on February 1.

Chief Executive Officer Mr. David Jean-Marie, says the move is in keeping with efforts by the Government of Barbados to achieve a reduction in the cost of living.

The overall 17.5% reduction coincides with BPI’s takeover of stevedoring operations and the end of related costs.

This follows a 10% reduction in costs announced in April 2023.

Customers are advised to visit the port website to see the full list of revised rates.

Figure 1. illustrates the 7.5% reduction per Twenty-Foot Equivalent Unit (TEU) for three categories of imported and exported cargo.

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